Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Bollinger Bands



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 28 10.0 0.18% 0.21% 9.4% -4.6% -62.1%
SHORT 29 17.1 0.38% 0.52% 17.7% -6.5% 59.0%


Technical Analysis

The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);

PROFILE: Impedimed (IPD.AX)

Stock Exchange: ASX
Company: Impedimed
Ticker Codes: | IPD.AX | ASX:IPD |

About Impedimed (ASX:IPD):

ImpediMed Limited, together with its subsidiaries, engages in the development, manufacture, and sale of bioimpedance devices and consumables in Australia, North America, Europe, and internationally. The company operates through Medical and Test & Measurement segments. It offers L-Dex U400, a technology that utilizes the characteristics of frequency dependent current flow to quantify changes in extracellular fluid in the patient's limb; and SFB7, a tetra polar bioimpedance spectroscopy device that scans various frequencies for the estimation of body composition in healthy individuals. The company also provides DF50, a single frequency body composition analysis in healthy individuals; and ImpediVET, a bioimpedance spectroscopy technology for use in veterinary applications. Its products are used in a range of applications, such as in the assessment and monitoring of secondary lymphedema, as well as monitoring of body composition and hydration. In addition, the company is involved in the supply of power precision testing and measuring equipment. ImpediMed Limited was founded in 1999 and is headquartered in Pinkenba, Australia.

Top 10:

Bollinger Bands

Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 8.7 796,462 -16 BEARISH
SMN Structural Monitoring Systems 0.76 7.8 422,370 -16.55 BEARISH
EDE Eden Energy 0.03 7.1 1,425,845 -14.61 BEARISH
CAT Catuity 1.27 6.3 779,850 -3.69 BEARISH
NZM Nzme 0.49 5.4 65,620 -17.45 BEARISH
ATL ASX 20 0.41 5.1 164,830 -17.84 BEARISH
TZN Terramin Australia 0.07 4.5 71,684 -28.14 BEARISH
PLS Pilbara Minerals 0.71 3.7 4,759,525 -10.74 BEARISH
PSI Pacific Strategic Investments 2.5 3.7 2,239 -6.34 BEARISH
AUB Austbrokers Holdings 10.69 3.2 190,235 -38.23 BEARISH